Tuesday, July 29, 2008
From DCFUD.com - Somewhere in South Park, Colorado, a Young Boy Cries
The Wall Street Journal is reporting that the many locations of the national chain restaurants Bennigan's and Steak and Ale are closing as of today.
The article states that the chains' parent company, Metromedia Restaurant Group, has declared Chapter 7 bankruptcy on those two themed restaurants, and that company-owned restaurants were ordered to not open for business today. Franchise-owned stores are not named in any bankruptcy filings, so they may remain open.
So, for those hankerin' for some Death By Chocolate, you may want to call ahead to make sure your location isn't, like, closed.
Bennigan's biggest fan, Butters, could not be reached for comment.
The article points out that these closings are yet another sign of trouble within the mid-price chain restaurant category, but I'm guessing it's also proof that brass rails and huge portions can't overcome bad food forever.